LISTING DETAILS

Northern View Apartments

707 - 717 Hawthorne St Everett WA 98201

Listing #: 666365 | Status: Available | Last Modified: 6/21/2023

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	0
Vacancy Factor %	0.00%
Operating Expenses	0
Net Operating Income	0

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00
Total Units	38

Retail Information
Signage	Signage on Building and Freestanding

Building Information
Building Status	Existing
# of Buildings	5
# of Floors	3
# of Units	38
Total Building SF	31,920 SF
Net Rentable Area	31,920 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	51,836 SF
Acres	1.19
Year Built	1986

Property Type
Property Type	Multi-Family
Building Class	B

Location
County	Snohomish
Cross Street	Butler St
Market Area	Everett
Tax ID #	29051700101600

Parking Information
#Covered Spaces	14
# Uncovered Spaces	42
Total Parking Spots	56

38 Units in Snohomish County

Public Comments

Well located in North Everett near Everett Community College, Boeing, and the Naval Station, Northern View is a 1980s-built apartment community boasting 38 large two-bedroom homes with full-size in-unit laundry. This rare Snohomish County offering presents a new owner a turnkey investment with cash flow as well as potential unit renovation upside. Specifically, the current 5.3% cap rate should stabilize at 5.7% as units trend to market rents. Basic renovations could allow for a cap rate above 6%.

Public Building Comments

Apt. D+S #5161

Northern View Apartments
707 - 717 Hawthorne St Everett WA 98201

Listing #: 666365 | Status: Available | Listing Date: 6/5/2023 | Last Modified: 6/21/2023 | Email Listing

For Sale

Northern View Apartments

Listing Images